NAR to CFPB: Give us access to the Closing Disclosure

When the new disclosure rules were rolled out in October of last year, the biggest concern in the real estate industry was that the TRID (TILA-RESPA Integrated Disclosures) rule would delay closings, causing snafus in buyer and seller timelines. Howeve…

TRID, take 2?

If you have ironed out your bugs and confusion in the seven months since the Consumer Financial Protection Bureau’s (CFPB) TILA-RESPA Integrated Disclosure (TRID) rule took effect, don’t get too comfortable. More changes to the biggest mortgage transaction overhaul we’ve had in four decades are on the way. In a letter issued to several banking and financial services industry trade groups yesterday, the CFPB said it has “begun drafting a notice of proposed rulemaking on TRID, or the “Know Before You Owe” rule, as the bureau prefers to call it …

5 tips to protect sellers’ homes during a showing

It’s easy to get caught up in making a home look perfect for a showing, but it is just as important to help clients keep their belongings safe while their home is on the market. There are things that both the agent and homeowners can do to stay safe …

ConnectHome initiative will expand residential high-speed Internet access

The Internet is now considered a vital part of the way most Americans work and connect, and potential homebuyers are placing high-speed Internet access high on their wish lists along with granite countertops and multiple bathrooms …

Handling client expectations in an era of open real estate data

Our clients now have access to more information than ever before. We are no longer the gatekeepers to protected information. And I feel like we are spending a lot of time fighting against this changing environment when we should be embracing it …

Open house marketing: 4 things sellers should avoid

Most of us are all too familiar with the television channel HGTV with its lavish home remodels and spunky hosts. Although it has given the common man both firsthand glimpses into the ins and outs of home maintenance and great tips for buying and sellin…

Think twice before charging for waterfront access

Compensation element shifts liability if guest is injured on private propertyread more